NASDAQ:ZSZscaler Stock Price, Forecast & News

Zscaler's stock was trading at $42.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ZS stock has increased by 192.7% and is now trading at $125.49. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 1 sell rating, 10 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Zscaler.

Zscaler is scheduled to release its next quarterly earnings announcement on Tuesday, September 8th 2020. View our earnings forecast for Zscaler.

Zscaler Inc (NASDAQ:ZS) posted its quarterly earnings data on Thursday, May, 28th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.05. The company earned $110.50 million during the quarter, compared to analysts' expectations of $106.18 million. Zscaler had a negative return on equity of 14.93% and a negative net margin of 18.10%. The firm's revenue was up 39.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.05 EPS. View Zscaler's earnings history.

Zscaler issued an update on its FY20 earnings guidance on Thursday, May, 28th. The company provided earnings per share (EPS) guidance of $0.20-0.21 for the period, compared to the Thomson Reuters consensus estimate of $0.15. The company issued revenue guidance of $422-424 million, compared to the consensus revenue estimate of $414.61 million.

22 equities research analysts have issued 12 month price objectives for Zscaler's shares. Their forecasts range from $45.00 to $152.00. On average, they anticipate Zscaler's stock price to reach $95.30 in the next year. This suggests that the stock has a possible downside of 24.1%. View analysts' price targets for Zscaler.

Headlines about ZS stock have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Zscaler earned a news impact score of -4.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Zscaler.

Zscaler saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 8,430,000 shares, a decrease of 17.9% from the June 15th total of 10,270,000 shares. Based on an average daily trading volume, of 3,760,000 shares, the short-interest ratio is currently 2.2 days. Approximately 12.0% of the shares of the stock are short sold. View Zscaler's Current Options Chain.

Some companies that are related to Zscaler include Infosys (INFY), Cognizant Technology Solutions (CTSH), Verisign (VRSN), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), EPAM Systems (EPAM), Obic (OBIIF), Amdocs (DOX), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), Endava (DAVA), Sogou (SOGO), PROS (PRO), Glu Mobile (GLUU) and Formula Systems (1985) (FORTY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), salesforce.com (CRM), Twilio (TWLO), Square (SQ), Trade Desk (TTD), Netflix (NFLX), Micron Technology (MU) and Paypal (PYPL).

(ZS) raised $110 million in an initial public offering (IPO) on Friday, March 16th 2018. The company issued 10,000,000 shares at $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Zscaler's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Moody National Bank Trust Division (0.03%), Red Spruce Capital LLC (0.02%), Diversified Trust Co (0.01%), Envestnet Asset Management Inc. (0.00%) and Inspirion Wealth Advisors LLC (0.00%). Company insiders that own Zscaler stock include Amit Sinha, Andrew William Fraser Brown, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View institutional ownership trends for Zscaler.

ZS stock was sold by a variety of institutional investors in the last quarter, including Red Spruce Capital LLC, and Envestnet Asset Management Inc.. Company insiders that have sold Zscaler company stock in the last year include Amit Sinha, Andrew William Fraser Brown, Karen Blasing, Manoj Apte, Remo Canessa, and Robert Schlossman. View insider buying and selling activity for Zscaler.

ZS stock was acquired by a variety of institutional investors in the last quarter, including Moody National Bank Trust Division, Inspirion Wealth Advisors LLC, and Diversified Trust Co. View insider buying and selling activity for Zscaler.

Shares of ZS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ZS stock can currently be purchased for approximately $125.49.

Zscaler has a market capitalization of $16.23 billion and generates $302.84 million in revenue each year. The company earns $-28,660,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Zscaler employs 1,480 workers across the globe.

The official website for Zscaler is www.zscaler.com.

Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The company can be reached via phone at 408-533-0288 or via email at [email protected]